An impulse wave over and simple correction happen in REDINGTON

306
ELLIOTT WAVE ANALYSIS
An impulse took place and a cycle has completed the 1) wave and the correction of 2) is in the end .

In 2) wave a simple flat correction took place. But my view is that we may expectation is that we may expect a complex correction .

It may raise to 180-190.
If the up move was slow and too long then we can expect a correction wave.

correction wave pattern was already posted and it was linked below, you people can view that chart for more clarification. it an alternative view.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.